What is KalyCoin?
KLC is a DeFi token on the Binance smart chain that allows people to participate in decentralized finance by investing via the liquidity pools of AMM (Automated Market Maker) platforms. It is designed both to help reward Kalypay customers for their loyalty and to integrate the platform into the next generation of decentralized finance ecosystems (DeFi). KLC was officially launched in September 2021 and has since gained attention from both private and business users.
The KLC is primarily aimed at providing utility to users of payment, e-Commerce and financial services solutions. As part of the KalyPay payment application, users can earn up to 4% cashback by paying with KalyPay visa bank cards. In addition, users can earn up to 5% annual interest on their KLC coins by staking on the KalyPay app. Overall, KLC acts as a tool that fuels KALYSSI’s drive to increase the adoption of crypto-currencies globally. As such, the company is constantly working to research and develop new use cases that will allow users to leverage crypto-currency to improve the control they have over their money, data and identities.